“As the OTC derivatives markets continue to evolve, it’s important for our customers to have reliable and secure connectivity to our platform,” said Leonard T. Nuara, President, Chief Operating Officer and Co-Founder of TeraExchange. “Being a part of the IPC community makes access for our customers easier.”

The Connexus Financial Extranet is part of IPC’s Financial Markets Network solution portfolio which includes private extranet, DirectConnect and Managed MPLS VPN data services, as well as Trader and Enhanced IP voice connectivity solutions. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 5,000 participants in over 700 cities in nearly 60 countries. Built on a state of the art IP/MPLS infrastructure, the highly scalable and secure Connexus Extranet supports a number of industry standard and trading protocols.

“Global financial reform is impacting not only the trading desk, but also the technology that underpins the market,” said Kevin McPartland, Head of Market Structure Research, Greenwich Associates. “These regulatory initiatives are driving increased investment in technology across the board, including improved and expanded networking capabilities to ensure much needed access to emerging liquidity pools and new sources of market data.”

About IPC:

IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.